Author: Staff Writer

OPay has grown remarkably from its Nigerian launch in 2018 into one of the country’s most dominant financial services platforms. Initially established to facilitate digital payments in a largely cash-driven economy, OPay successfully navigated Nigeria’s complex regulatory environment, infrastructure gaps, and economic volatility. Through strategic pivots, smart deployment of capital,…

The Nigerian Communications Commission (NCC) has introduced a comprehensive regulatory framework for Application-to-Person (A2P) messaging services in a bid to streamline operations, enhance consumer protection, and reduce revenue leakage within the telecoms sector. This move is seen as a strategic effort to sanitize the automated messaging space, which has become…

Cerebrium, a rising force in the artificial intelligence infrastructure space, has secured $8.5 million in a seed funding round led by Gradient Ventures, Google’s AI-focused venture arm. The round also included backing from Y Combinator and Authentic Ventures, signaling strong confidence in Cerebrium’s serverless platform that enables engineers to easily…

African startups secured a total of $391.1 million in publicly disclosed funding in June 2025, showing a significant rebound compared to the $225+ million raised in May 2025. Led by megadeals in fintech, infrastructure, clean energy, and AI, this sharp uptick signals renewed investor confidence in Africa’s innovation economy as…

South African fintech company Paymenow is charting a bold new course in financial wellness after securing a R400 million ($22.4 million) working capital facility from Standard Bank Group. The funding, structured under a sustainable finance framework, marks a significant milestone not just for the Stellenbosch-based startup, but for the broader…

As part of a strategic push to bridge Nigeria’s longstanding MSME financing gap, the Federal Government has formally inaugurated the board of the National Credit Guarantee Company Limited (NCGC). The initiative, launched under President Bola Tinubu’s Renewed Hope Agenda, is designed to boost access to credit for Nigeria’s over 40…

Apple Music has released its 500 most-streamed songs of the decade, with Wizkid earning the title of highest-charting African act on the list. This is thanks to his feature on Drake’s hit song “One Dance,” which is placed at Number 6 on the list. The track, from Drake’s 2016 album…

Fara Ashiru Jituboh, co-founder and former CEO/CTO of Nigerian fintech startup Okra, has joined UK-based Revenue Operations (RevOps) startup Kernel as Head of Engineering. Her move comes after a period of quiet upheaval at Okra, which officially shut down in May 2025 following a bold but costly pivot into cloud…

MTN Nigeria and 9Mobile have sealed a three-year national roaming deal, approved by the Nigerian Communications Commission (NCC). This landmark collaboration allows 9Mobile subscribers to tap into MTN’s extensive network coverage across Nigeria—especially in areas where 9Mobile’s presence is limited. The partnership, which officially received the NCC’s nod, is a…

Microsoft has commenced a fresh round of layoffs that will impact approximately 9,000 employees—less than 4% of its global workforce—as part of its broader effort to streamline operations and realign priorities around artificial intelligence. This marks the second major round of layoffs in 2025 and is consistent with the company’s…

Customers expect timely deliveries. When you have platforms like Amazon Prime which supply next-day and even same-day delivery, competition has never been fiercer. That’s why, when things don’t go to plan, frustration can build quickly among customers. It doesn’t matter if the delays are caused by traffic, weather, or supply…

Mauritius‑based telecommunications and fintech group Axian Telecom is exploring a potential acquisition of African e-commerce leader Jumia Technologies AG, Reuters‐citing sources confirm. With a current market value around $500 million, Jumia is reportedly a target for a takeover bid backed by the $600 million Axian recently raised—primarily for debt refinancing and acquisition…

Construction is a high-stakes industry. From fluctuating material costs to unexpected weather events and on-site safety concerns, there’s no shortage of risks that can disrupt even the most well-planned project. Managing those risks effectively isn’t about avoiding them entirely — it’s about anticipating them, responding quickly, and minimising their impact.…

Ghanaian fintech startup Liquify is gaining momentum in its mission to close Africa’s $120 billion trade finance gap, having secured $1.5 million in an oversubscribed seed equity round, along with additional debt financing. The funding represents a key milestone for the company, which is helping small and medium-sized exporters across…

Relocating your business is a big task that requires careful planning. Whether you’re moving to expand, lower costs, or find a better location for your team, it’s a process that comes with challenges. From keeping your operations running during the transition to making sure equipment and records arrive safely, there’s…

You’re packing up your life and getting ready to move. Whether it’s just across town or to a brand-new city, it feels like a lot. And here’s the truth—most people don’t get everything right on the first try. Even if you think you’ve planned well, there are small moving mistakes…

Africa’s burgeoning fintech scene has earned global recognition. Notably, Moniepoint and Flutterwave—two Nigerian-born financial technology giants—have been named in TIME’s 2025 TIME100 Most Influential Companies list, a prestigious acknowledgment of firms reshaping industries with innovation, scale, and ambition Moniepoint: Leading Financial Inclusion for SMEs Ranked as a “Leader” by TIME,…

Nigeria’s fuel distribution sector is on the cusp of transformation. With the announcement that the Dangote Group will deploy 4,000 trucks—beginning August 15, 2025—to transport fuel nationwide, the company is not just adding capacity; it is redrawing the map of how fuel flows through the Nigerian economy. The ripple effects…

Google’s launch of Doppl, an experimental app from Google Labs, marks another leap in the fusion of AI and fashion. With features that allow users to virtually “try on” outfits using uploaded photos and even see those looks come to life via AI-generated videos, Doppl offers a powerful new way…

Meta is taking another leap into AI-driven messaging with a new feature on WhatsApp that could redefine how users catch up on missed conversations. Announced on Wednesday, the messaging platform is introducing AI-powered message summaries, giving users a quick, private overview of unread chats—without compromising their privacy. Dubbed Message Summaries,…